Grocery sector boosted by Covid-19

A recent Citywire article has highlighted the impact of Covid-19 on supermarkets, both in the initial stockpiling phase through to the sustained increase in demand as a result of the closure of restaurants and bars.

Online demand has soared and it is the large format supermarket stores that are the beneficiary of this as they have the necessary staff and stock to provide the capacity to fulfil the online orders in store.

The full story is available on Citywire's Investment Trust Insider here